Bachelor of Commerce or BCom Foreign Trade Management is a 3-year undergraduate course. The course is provided by the top commerce colleges with an aim to inculcate the skills and knowledge in the aspirants in the field of international business and market place.
The candidates who have completed their 10+2 from a recognised board with a 50% score are eligible for BCom Foreign Trade Management. Although the candidate may have completed their 10+2 from any stream, the course is mostly taken up by commerce students who wish to see their future in the field of foreign trade management.
Admissions to most colleges are based on the candidate’s performance in their qualifying exam. However, certain colleges/universities require the candidate’s to write an entrance exam.
The basic tuition fees for the BCom Foreign Trade Management ranges between INR 25,000 to INR 5,00,000
Graduates of the course can pursue other courses like MBA, MCom and other postgraduate courses. The graduates are also given job positions as Business Analyst, Market Analyst, Auditor, Foreign Trade Operations Manager, Professor/ Lecturer, Marketing Manager.
The top recruiting areas of the course are Trade Management, International business management, Accounting, Financial Advisory, Government and Private sector banks, Aviation and Transport agencies, Export and Import Industry, Custom Houses, and more. The expected salary on completion of the course ranges between INR 4,00,000 to INR 7,00,000
BCom Foreign Trade Management: Course Highlights
| Full-Form | Bachelor of Commerce in Foreign Management |
| Course Level | Undergraduate |
| Duration | 3 years |
| Examination Type | Semester wise |
| Eligibility | 10+2 with a minimum score of 50% in any stream ( Preferably commerce) from a recognised school board. |
| Admission Process | Merit-based/ Entrance Exam |
| Course Fees | INR 25,000 to INR 5,00,000 for the entire course |
| Average starting salaries | INR 3,00,000 to INR 8,00,000 |
| Top Recruiting areas | Trade Management, International business management, Accounting, Financial Advisory, Government and Private sector banks, Aviation and Transport agencies, Export and Import Industry, Custom Houses, Universities and colleges and more areas which deal in Foreign trade management |
| Job Positions | Business Analyst, Market Analyst, Auditor, Foreign Trade operations manager, Professor/ Lecturer, Marketing Manager. |
BCom Foreign Trade Management: Admission Process
Colleges offering BCom Foreign Trade Management take in students based on the marks of their qualifying exam. Some colleges check the candidate’s performance in the entrance examination.
- Candidates must check if they are eligible and apply to the college.
- If the candidate is required to crack any entrance exam of a college/university in order to get admission in the course, they have to appear for the exam.
- After successfully appearing for the test, the college/university announces the result and releases a merit list of shortlisted candidates.
- Shortlisted students then need to go through the college wise admission process.
- Seats are allotted to the candidates
- After this, the candidate is required to deposit the fee for the course and enrol on the specific academic session.
BCom Foreign Trade Management: Eligibility Criteria
Depending on the college/ university the eligibility criteria vary from one criterion to another.
- The aspiring candidate for B.com in Foreign Trade Management course should have successfully completed their 10+2 from a recognized school board with a minimum score of 50% in any stream but preferably Commerce.
- Aspirants may also be required to clear the applicable entrance exam with a minimum cutoff mark pertaining to that particular school/ college.
BCom Foreign Trade Management: Entrance Exams
The entrance exam for BCom Foreign Trade Management varies from one college to another. There are colleges and universities which consider scores of few entrance exams while others conduct their own entrance exams.
- BHU Entrance Exam: Known as the Banaras Hindu University undergraduate entrance test for its undergraduate programs including B.Com. HU B.Com. Entrance exam is computer-based and is held across 200 cities. The aspiring candidates can fill up the online forms on the official website of Banaras Hindu University.
- Delhi University Exam: Conducted by the University of Delhi the eligibility criteria for DU B.Com Entrance Exam is 10+2 with required minimum score decided upon by the college’s criteria.
- Punjab University UG Entrance Exam: Conducted by Panjab University, it is also abbreviated as PU CET i.e Punjab University Common Entrance test, mainly for admission in the Undergraduate Courses including B.Com
Here’s a list of few entrance exams which are conducted for admission to the BCom Foreign Trade Management
| Entrance Exam | Exam Date |
|---|---|
| BHU B.Com. Entrance Exam | To be announced |
| Delhi University B.Com. Exam. | To be announced |
| Punjab University UG Entrance Exam | To be announced |
BCom Foreign Trade Management: What is it about?
- Considered to be one of the most popular courses in India, BCom Foreign Trade Management is an undergraduate 3-year course that is designed to equip the aspirants with in-depth knowledge and skills in the field of international trade and business management with the aim of tackling the current and future scenarios pertaining to the foreign trade.
- The curriculum of the course helps aspirants explore and understand the policies of international trade policies of different nations, the working model of the international market, how to exchange services and goods between two nations, the techniques to make a product success on a global platform and much more.
- The aspirants on successful completion of BCom Foreign Trade Management get an opportunity to work at Multinational firms which have a global presence for their products and services. To name a few these are TATA group, Reliance, Dabur, Nestle, P&G, Unilever have a lot of scope for aspirants because of their global operations.
Why study BCom Foreign Trade Management?
The following are the reasons why BCom Foreign Trade Management is a fruitful course.
- B.com in foreign trade management works as a framework for higher education for aspirants who wish to pursue their masters or doctor’s degree. Post the successful completion of the course the candidates can apply for masters courses like MBA or PGDM in the field of foreign trade management
- With an increase in the size of the global market having a job in the field of international trade management is a beneficial and secure option.
- BCom in Foreign Trade Management can get candidates a position in export houses where they can work in any capacity whether sales, finance, marketing. The course indeed opens up new horizons and opportunities for the candidates.
- After gaining experience post-BCom in Foreign Trade Management, the candidates can apply for executive programs in management which will boost their career as well as place them in the management team where they’ll be able to design strategies for the firm's operations.
BCom Foreign Trade Management: Top Colleges
| College Name | Average Annual Fees |
|---|---|
| Rashtrasant Tukadoji Maharaj Nagpur University, Nagpur | INR 10,800 |
| M B Khalsa College, Indore | INR 16,000 |
| Institute of Professional Education & Research, Bhopal | INR 54,450 |
| Renaissance College of Commerce and Management, Indore | INR16,000 |
BCom Foreign Trade Management: College Comparison
| Parameters | Rashtrasant Tukadoji Maharaj Nagpur University | Institute of professional education & Research |
|---|---|---|
| Overview | Rashtrasant Tukadoji Maharaj Nagpur University is a state university governed by the Maharashtra Public Universities Act, 2016 | Institute of professional education & Research (IPER) is one of the oldest and finest management schools which has marked its place in the top 100 colleges of India |
| Location | Nagpur | Bhopal |
| Course Level | Undergraduate | Undergraduate |
| Admission process | Merit-Based | Merit-based |
| Average annual fees | INR 10, 800 | INR 54,000 |
BCom Foreign Trade Management: Course Syllabus
The duration for BCom Foreign Trade Management is divided into 6 semesters over a period of 3 years. Also, the syllabus for the course may vary from one college/university to another. A general idea of the core subjects taught are mentioned below:
| Semester 01 | Semester 02 |
|---|---|
| Basics of Foreign trade | English Language and Indian Culture |
| Entrepreneurship | Business Organisation and Communication |
| Financial Accounting | Business Mathematics |
| Business Law | India’s Foreign Trade |
| Accounting | Development of Entrepreneurship |
| Semester 03 | Semester 04 |
| Environmental studies | Cost Accounting |
| Corporate Accounts | Principles of management |
| Statistics | Financing and procedure |
| Elements of Export Marketing | Environmental studies |
| Hindi Language | Language and Temper |
| English Language | Market Dynamics |
| Semester 04 | Semester 05 |
| Income Tax Law | Foreign Trade Relation |
| Management Accounting | Management |
| Shipping, Insurance & Documentation | Indirect Taxes |
| Basic Computer Technology 01 | Language and aspects of Development |
| Hindi Language | Basic computer language 02 |
| English Language | Entrepreneurship Development |
BCom Foreign Trade Management: Course Comparison
| Parameters | BCom Foreign Trade Management | BBA Foreign Trade Management |
|---|---|---|
| Full form | Bachelor of Commerce in Foreign Trade Management | Bachelor of Business Administration in Foreign Trade Management |
| Overview | Bachelor of Commerce in Foreign Trade Management aims at equipping the candidates with an overall understanding and working of international trade management. | Bachelor of Business Administration in Foreign Trade Management aims at equipping the candidates with more of administrative and managerial aspect of the international trade management |
| Duration | 3 year | 3 year |
| Degree type | Undergraduate | Undergraduate |
| Admission process | Merit based/ Entrance exam | Merit Based/ Entrance exam |
| Average fees | INR 25,000 to INR 5,00,000 | INR 35,000 to INR 3,00,000 |
| Average salary package | INR 3,00,000 to 8,00,000 | INR 5,00,000 to 10,00,000 |
BCom Foreign Trade Management: Scope
Graduates can also pursue further studies in related subjects like MCom or MBA.
Ever since globalisation, the market size has increased, and the global reach has become easy. Therefore a career in Foreign trade management is a lucrative option. BCom in Foreign Trade Management gives an entry-level opportunity to candidates towards a more fruitful career. After gaining experience the candidates can become a part of the top management and can easily make and transform international trade level policies.
The candidates after completion of their BCom Foreign Trade Management can join big multinational brands which have a global presence and deal in foreign trade for their products and services. To name a few, the course opens doors for the following firms.
- TATA group
- Unilever
- Reliance
- Pepsico
- P&G
BCom Foreign Trade Management: Job Profiles
The course opens up a plethora of job profiles for BCom in Foreign Trade Management to choose from. The candidates can work in capacities of any of the following :
| Job Role | Job Description | Average salary |
|---|---|---|
| Business Analyst | Conduct market analyses for both the product line as well as for the overall profitability of the firm. They also outline the various opportunities and problems with respect to business while working on different aspects including pricing, forecasting and budgeting | INR 4,00,000 to 6,00,000 |
| International Trade manager | Designing and implementing the strategies for the successful exchange of goods and services at the global level | INR 4,50,000 to 5,80,000 |
| International Market Analyst | Helps the firms and organisations to decide what products and services to sell at the international level by conduct research and analysis for determining the exact demand | INR 5,10,000 to 6,00,000 |
| Financial Advisor | Providing advice to clients, firms and organisations on how to manage their money towards the goal of sustainability and profitability. | INR 5,00,000 to 6,00,000 |
| Accountant | Maintain and update the records of assets, liabilities, debt, loan and everything pertaining to the financial aspect of the business. | INR 4,50,000 to 5,10,000 |
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On successful completion of the course the candidates can take up jobs in any of the following employment areas :
- Trade Management
- International business management
- Accounting
- Financial Advisory
- Government and Private sector banks
- Aviation and Transport agencies
- Export and Import Industry
- Custom Houses,
- Universities and colleges and more areas that deal in Foreign Trade Management
BCom Foreign Trade Management: FAQs
Ques How is BCom Foreign Trade Management different from BBA in Foreign Trade Management?
Ans. While B.com in foreign trade management is more about all the aspects of business management related to Foreign trade. While BBA in foreign trade management is more of a professional course that gives exposure to more of managerial and administrative parts of the management pertaining to foreign trade.
Ques. what industry or employment areas can B.BCom Foreign Trade Management graduates join after successful completion of the course?
Ans. After the candidates complete their B.com in foreign trade management they can join in any of the industries namely Trade Management, International business management, Accounting, Financial Advisory, Government and Private sector banks, Aviation and Transport agencies, Export and Import Industry, Custom Houses, Universities and colleges and more areas which deal in Foreign trade management.
Ques. Can BCom Foreign Trade Management graduates become lecturers?
Ans. The candidates are only eligible to become lecturers or professors after their masters and PhD. one cannot become a lecturer in college or university directly after B.com in foreign trade management but the course indeed works as a stepping stone towards pursuing a Masters degree or PhD.
Ques. What are the career options for B.BCom Foreign Trade Management aspirants
Ans. The career options for B.com in Foreign trade management aspirants are vast they can become any Business Analyst, Market Analyst, Auditor, Foreign Trade operations manager, Professor/ Lecturer, Marketing Manager.
Ques. Can BCom Foreign Trade Management graduates pursue an MBA?
Ans. Yes! B.com in foreign trade management graduates pursue MBA preferably in International trade management.
Ques. Can B.com Foreign Trade Management be done through correspondence?
Ans. Yes it is possible to do B.com in foreign trade management as a correspondence course. There are many institutions as well universities like Delhi University which provide B.com in foreign trade management as a correspondence course where there is direct admission on the basis of scores in the last attended exam.
Ques. What is the average fees for B.com in Foreign Trade Management?
Ans. The average fees of B.com in foreign trade management ranges between INR 25,000 to INR 5,00,000 depending on the college university.
Ques. Do BCom in Foreign Trade Management and BBA in Foreign Trade Management graduates earn a similar salary?
Ans. There isn't much difference between the salaries of Bcom in foreign trade management and BBA in foreign trade management. Bcom in foreign trade management graduates earns between INR 3,00,000 To INR 8,00,000 ad BBA n Foreign trade management earns around INR 5,00,000 to INR 8,00,000
Ques. What all companies hire BCom in Foreign Trade Management graduates?
Ans. After successful completion of the B.com in foreign trade management course the candidates are hired by companies like TATA group, Unilever, Reliance, Pepsico, P&G and many more who have global presence and operations.
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